Janet is a 60-year-old, widowed woman with nine children living in Kamwenge, Uganda. She has operated a retail shop for the last six years. She started with capital worth 800,000 shillings and now it's worth 2 million shillings. Her challenges are customers not paying on time, price fluctuations and inflation. Her dreams are to educate her children, build a permanent home and expand her business into new markets. Janet needs this loan to buy sodas to sell. She is an executive member of the above mentioned as per group policy, every member guarantees the other in accessing the loan.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.